Brothers inherited Hong Kong's Sun Hung Kai Properties in 1990 following their father's death. Group is one of Hong Kong's largest landowners; also has interests in telecom operator SmarTone-Vodafone; Hong Kong's largest bus operator, KMB. In May 2006 sold $1 billion in private placement, likely to help fund mainland investments such as the Shanghai IFC building that is being developed in the city's financial district and is expected to be completed by 2011.